Profile Major Works Resources

Evsey D. Domar, 1914-1997



Born in Lodz, Russian Poland, Evsey David Domar (initially surnamed "Domashevitsky") was raised in Harbin, Manchuria.  Evsey Domar emigrated to the United States in 1936. He obtained his MA in mathematics at Michigan in 1941, but subsequently switched to economics, proceeding to Harvard, where he studied under Alvin Hansen.  After earning his MA in economics, Domar served as a researcher at the Federal Reserve Board between 1943 and 1946, where he began putting out his first major publications.  Domar finally obtained his Ph.D.from Harvard in 1947.  After quick passages through Carnegie IT and Chicago (where he was associated with Cowles Commission in 1947-48), Domar joined the faculty of the Johns Hopkins University in 1948, and contributed to the resurgence in the old department over the next decade.  Domar moved to MIT in 1958, where he remained until his retirement in 1972.

Evsey Domar has made contributions in three main areas of economics: economic growth, comparative economics and economic history. His work on economic growth began with his 1944 model on government debt, which considered how economic growth can lighten the burden of the government debt. His major claim to fame, however, was in developing, parallel to Harrod, the now- famous "Harrod-Domar" growth model (1946) as a way of extending the Keynesian demand-determined equilibrium into the long run.

 

  

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Major works of Evsey D. Domar

  • "The Burden of the Debt and the National Income", 1944, AER.
  • "Proportional Income Taxation and Risk-Taking", with R. Musgrave, 1944.
  • "Capital Expansion, Rate of Growth and Employment", 1946, Econometrica.
  • "Expansion and Employment", 1947, AER.
  • "The Problem of Capital Accumulation", 1948, AER.
  • "Capital Accumulation and the End of Prosperity", 1949, Proceedings of Internat. Statistical Conference [cwls]
  • "The Effect of Foreign Investment on the Balance of Payments", 1950, AER.
  • "A Theoretical Analysis of Economic Growth", 1952, AER.
  • "Depreciation, Replacement and Growth", 1953, EJ.
  • "The Case for Accelerated Depreciation", 1953, QJE.
  • Essays in the Theory of Economic Growth, 1957.
  • "On the Measurement of Technological Change", 1961, EJ.
  • "The Soviet Collective Farm as a Producer Co-Operative", 1966, AER.
  • "An Index-Number Tournament", 1967, QJE.
  • "The Causes of Slavery or Serfdom: A hypothesis", 1970, Journal of Economic History.
  • "On The Optimal Compensation of a Socialist Manager", 1974, QJE.
HET

 
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Resources on Evsey Domar

 

 
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